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Balochistan CM Sanaullah Zehri presents Rs 289b 2016-17 budget

07:22 PM | 19 Jun, 2016
Balochistan CM Sanaullah Zehri presents Rs 289b 2016-17 budget
QUETTA (Staff Report/Agencies) - Chief Minister Balochistan Nawab Sanaullah Zehri on Sunday presented a provincial budget worth over 289 billion rupees for the fiscal year 2016-17.

Presenting the budget in the provincial assembly in Quetta on Sunday evening, he said the budget was based on deficit of approximately 36 billion rupees.

The Chief Minister said that revenues worth more than 252 billion rupees would be collected during the new financial year. He further said that an amount worth 218 billion had been allocated for non-development expenditures, in the budget while over 71 billion rupees had been allocated for development projects.

The Chief Minister further said that outstanding students would be provided laptops and for this purpose fifty million rupees, had been allocated in the budget.

Similarly, he said five billion rupees had also been allocated for developmental schemes to be completed under the supervision of local bodies councils across the province.

Zehri also said that the government had decided to allocate ten billion rupees for the provision of clean drinking water to Quetta city under the Pat Feeder canal project to be completed at a total cost of 40 billion rupees.

A handsome amount of 7.4 billion rupees has been allocated for the overall betterment of agricultural sector in the new budget.

The Chief Minister also announced a ten percent increase in the salaries of employees of the provincial government on the pattern of federal government.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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